M/16/045 - Mondeléz International, Inc. / Speedy Assetco Limited [2016] IECompA m16045 (26 October 2016)

M/16/045 - Mondeléz International, Inc. / Speedy Assetco Limited [2016] IECompA m16045 (26 October 2016)

The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Parties
Acquirer: Mondeléz International, Inc.; Target: Speedy Assetco Limited; Seller: Burton's Foods Limited
Jurisdiction
Ireland
Judgment Date
26 October 2016
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Market Concentration
Competition Law Merger Control Acquisition Market Concentration

Case Brief

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Parties

Mondeléz International, Inc.

Acquirer

Speedy Assetco Limited

Target

Burton's Foods Limited

Seller

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition by Mondeléz International, Inc. of the entire issued share capital and sole control of Speedy Assetco Limited from Burton's Foods Limited is cleared.